UnionPay

UnionPay, also known as China UnionPay or by its abbreviation, CUP or UPI internationally, is a Chinese financial services corporation headquartered in Shanghai, China. It provides bank card services and a major card scheme in mainland China.

Source: unionpayintl.com

Can Apple Pay Actually Crack Into China?
Can Apple Pay Actually Crack Into China?
February 19, 2016  |  Mobile Payments

Apple Pay went live in China yesterday (Feb. 18). How did it go? For now, there haven’t been any reports of massive problems, glitches, etc....

READ MORE >
UnionPay Joins The Mobile Payments Race
UnionPay Joins The Mobile Payments Race
December 17, 2015  |  Mobile Commerce

Apple Pay hasn’t even launched in China yet, and it’s already got some major competition from China’s biggest credit card company. UnionPay Network Payments, a subsidiary...

READ MORE >
China’s Transaction Volume Reaches Double-Digit Growth
China’s Transaction Volume Reaches Double-Digit Growth
November 17, 2015  |  International

A MasterCard executive confirmed with Reuters yesterday (Nov. 16) that the global payment operator has observed double-digit annual growth in credit card transaction volumes in China....

READ MORE >
China Loosens Up On Foreign Payment Networks
China Loosens Up On Foreign Payment Networks
November 11, 2015  |  International

When it comes to imposing stringent licensing restrictions on foreign bank card providers, it seems as though China is taking a more relaxed attitude. A...

READ MORE >
Commercial Card Dominance Moving East
Commercial Card Dominance Moving East
October 28, 2015  |  B2B Payments

The West typically dominates the world’s payment card market, but when it comes to corporate card products, new research suggests China may be headed to...

READ MORE >
China Says Hello To Visa And MasterCard
China Says Hello To Visa And MasterCard
June 01, 2015  |  International

Foreign payment networks can enter the Chinese payment market —an industry that handled $73 trillion in 2014 according to Bloomberg — marking a huge opportunity for...

READ MORE >
Apple Inching Closer To Apple Pay-Alipay Match?
Apple Inching Closer To Apple Pay-Alipay Match?
May 13, 2015  |  Mobile Commerce

Will Tim Cook’s recent visit to China be enough to push the envelope and bring Apple Pay to China? Cook’s comments to Chinese news agency, Xinhua,...

READ MORE >